501 Van Ness Avenue

Off-Market

501 Van Ness Avenue, Torrance, CA 90501

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Manufacturing
  • Property Size 197,420 SF
  • Lot Size 11.42 Acre
  • Parking Spaces Avail. 456
  • Parking Ratio 2.31 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1956

Contacts

Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.

Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space		 Rent Price Lease
Type		 Space
Type		 Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross		 General
Office		 11/01/2014-
N/A
370 17th Street
#6000		 Morrison & Foerster,
(303) 592-1500		 10,710 SF $26/SF/YR Full
Service		 General
Office		 08/01/2013-
07/31/2023
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Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Torrance

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Torrance Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $37.31
  • 2022 Office Vacancy Rate 8.55%
  • 2022 Office Completions (SF)

Torrance Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $368.57
  • Y-o-Y Avg. PpSF Change 30.27%
  • 2022 Office Sales Volume $176.1M
  • 2022 Number of Transactions 7
View more Torrance market trends

Location

Getting Around

  • Walk Score ®

    57/100 Somewhat Walkable

  • Transit Score ®

    37/100 Some Transit

  • Bike Score ®

    58/100 Bikeable
Powered by Walk Score ®
  • City Torrance, CA
  • Neighborhood Old Torrance
  • Zip Code 90501
  • Market Los Angeles

Points of Interest

  • Redondo Beach

    4.57 miles

  • Douglas

    5.64 miles

  • Crenshaw

    5.70 miles

  • Artesia

    6.01 miles

  • Vermont/Athens

    6.13 miles

  • Del Amo

    6.23 miles

  • Harbor Freeway

    6.32 miles

  • El Segundo

    6.38 miles

  • Hawthorne/Lennox

    6.54 miles

  • Avalon

    6.62 miles

  • Arco

    0.70 miles

  • 76

    0.74 miles

  • Mobil

    0.94 miles

  • Chevron

    0.98 miles

  • Mobil

    1.24 miles

  • 7-Eleven

    1.54 miles

  • Shell

    1.56 miles

  • 76

    1.58 miles

  • Mobil

    1.68 miles

  • Alpine Mobil

    1.70 miles

  • parking structure

    1.21 miles

  • Carson Park And Ride

    1.93 miles

  • hospital parking structure

    2.16 miles

  • Harbor Gateway Transit Center Park And Ride

    2.64 miles

  • Lot L

    2.68 miles

  • Lot J

    2.81 miles

  • Lot H

    2.81 miles

  • Lot K

    2.82 miles

  • Lot F

    3.00 miles

  • Parking Lot A

    3.02 miles

  • Dino's Burgers

    0.48 miles

  • MADRE Oaxacan Restaurant and Mezcaleria

    0.55 miles

  • Fantastic Cafe

    0.61 miles

  • La Capilla Mexican

    0.64 miles

  • Lucio's Mexican Restaurant

    0.75 miles

  • By Brazil

    0.76 miles

  • The Crest Sports Bar & Grill

    0.79 miles

  • Kuma Seafood Buffet

    0.81 miles

  • Flame Broiler

    0.82 miles

  • Khun 9 Thai Kitchen

    0.82 miles

  • S-Mart

    0.71 miles

  • Ralphs

    1.01 miles

  • Walmart

    1.46 miles

  • Nijiya Market

    1.61 miles

  • Mitsuwa

    1.81 miles

  • American Freight

    1.83 miles

  • Ralphs

    1.84 miles

  • Market World

    1.86 miles

  • Target

    1.88 miles

  • Del Amo Fashion Center

    1.88 miles

  • InjectAbility Clinic

    0.48 miles

  • Torrance Fire Station 1

    1.01 miles

  • Torrance Police Station

    1.34 miles

  • Rite Aid

    1.42 miles

  • Harbor-UCLA Medical Center

    1.69 miles

  • Walgreens

    1.78 miles

  • CVS Pharmacy

    1.84 miles

  • Walgreens

    1.87 miles

  • Providence ExpressCare

    1.92 miles

  • Crenshaw Medical Group

    2.03 miles

Frequently Asked Questions

What is the total square footage of 501 Van Ness Avenue?

501 Van Ness Avenue totals 197,420 square feet.

When was this property built?

501 Van Ness Avenue was built in 1956.

What is the market value for 501 Van Ness Avenue?

The market value* for 501 Van Ness Avenue in 2023-2024 was $21,417,848.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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